Pipes and Fittings Market - Forecast(2020 - 2025)

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Global Pipes and Fittings Market is forecast to reach $8 billion by 2025, growing at a CAGR of 4.7% during the forecast period from 2020 to 2025. The Pipes and Fittings market is driven primarily by the factors such as increasing urbanization leading to infrastructure growth, and growing demand towards plastic pipes. Moreover, rising use of pipes and fittings in mining industries and chemical industries can help the market to grow further. Adoption of steel pipes and fittings by various industries can also help the market to rise significantly during the forecast period.

Key Takeaways
  • Rapid urbanization has caused rise in infrastructure developments, thus leading to high market demands in plastic piping market across the globe.
  • Increased pipeline projects due to high gas infrastructure demands are majorly driving the pipes and fittings market.
  • With high demands from automotive sectors, fittings market is expected to rise in APAC region during the forecast period 2020-2025.

Piping material- Segment Analysis
Plastic pipes are expected to have a major share in the pipes and fittings market during the forecast period 2020-2025. With being anti-corrosive, highly economical and deployment in demanding applications, plastic pipes like PVC and PEX are highly dominating the pipes and fittings market. Due to rising demand towards water management systems, plastic pipes are causing more demands with respect to metal pipes. Withstanding high temperatures and pressure along with providing high insulation properties are the key factors driving the demand towards PVC pipes market by the chemical industries. Due to overcoming major issues of metal pipes, the plastic pipes are expected to dominate the market in the near future.

Geography - Segment Analysis
APAC is expected to have a major growth in the global Pipes and Fittings market during the forecast period from 2020 to 2025. The region is anticipated to hold a major market share in near future due to high government investments for infrastructure as well as demands in automobile industries. Key players like Hind ware and Muellar Industries have contributed for a major market share in the APAC region. During 2019, Indian government had announced of investment of  $1.45 trillion towards infrastructure development over the next five years, thereby creating major demands for the pipes and fittings market.

Drivers – Pipes and Fittings Market

  • Increased investments towards infrastructure
Government investments for construction projects due to rapid urbanization is anticipated to mark a major rise towards the pipes and fittings market over the forecast 2020. Government is investing huge amounts towards infrastructure growth, thereby fueling the growth for plastic pipes due to their demanding applications such as in wires, cables, and water distribution systems. Huge investments of about $1.45 trillion by the Indian government towards infrastructure development has been acting as a major driver and fueling the pipes and fittings market.

  • Increased pipeline projects
With the rising growth towards pipeline projects, Oil and gas industry contributes for a major share in the pipes and fittings market. Permian Basin, one of the world’s largest oil fields have been contributing towards gas related infrastructures due to rising gas production in the near future. In 2019, the company had confirmed its beginning of two major gas pipelines construction along with another pipeline on the way towards development. With growing gas pipeline projects, pipes and fittings market can expect to have a major market share in 2020. Major oil based companies are continuously focusing towards pipeline projects, thereby driving the global pipes and fittings market.

Challenges – Pipes and Fittings Market

  • Leakage issues
Pipe leakage is a major issue faced in the pipes and fittings market. Due to its major applications in water distribution and sewage, leakages cause high investments by the end users, thereby leading to high maintenance. Water leakage causes a major problem leading to water wastage, thus increasing environmental as well as economic issues. With rising additional costs to avoid pipe leakages, the pipes and fittings market is getting hampered.

Market Landscape
Partnerships and acquisitions along with product launches are the key strategies of the players in the Pipes and Fittings Market. The major key players in the Pipes and Fittings Market include Saint Gobain, Jaquar group, Aliaxis, Kohler Co., Grohe, Aluminum Roofline products, Charlotte Pipe and Foundry, Hindware, Alumasc Building Products, McAlpine and Co., Mcwane and Mueller industries.

Partnerships/Product Launches/Acquisition
  • In August 2019, IPEX, a subsidiary of an Aliaxis company acquired Silver line plastics (SLP), major manufacturers of plastic pipes. This acquisition was made for the expansion of their product line and also to strengthen up a leadership position in North America. By this collaboration, the association had expected to witness an expanded customer base.
  • In February 2020, Corys Investments LLC claimed of a joint venture in association with George Fischer (GF) Piping Systems. This joint venture had claimed to establish production of plastic pipes and fabricated fittings in Cairo. According to the CEO, this venture is made in order to provide improved service in Egypt.

1. Pipes and Fittings Market - Market Overview
    1.1 Definitions and Scope
2. Pipes and Fittings Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends by type 
    2.3 Key trends segmented by Geography
3. Pipes and Fittings Market
    3.1 Comparative Analysis
        3.1.1 Product/Service Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis
4. Pipes and Fittings Market – Startup Companies Scenario (Premium) 
    4.1 Top 5 Startup Company Analysis by 
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Share
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Pipes and Fittings Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
    5.4 Customer Analysis – Top 5 Companies
6. Pipes and Fittings Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Pipes and Fittings Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
    7.4 Suppliers and Distributors
8. Pipes and Fittings Market - By Piping material
    8.1 Plastics
        8.1.1 Polyvinyl Chloride(PVC)
            8.1.1.1 Rigid Polyvinyl chloride (RPVC)
            8.1.1.2 Chlorinated Polyvinyl Chloride (CPVC)
            8.1.1.3 Others
        8.1.2 Polyethylene(PE)
            8.1.2.1 High density polyethylene (HDPE)
            8.1.2.2 Cross-linked polyethylene (PEX)
            8.1.2.3 Others
        8.1.3 Polypropylene(PP)
    8.2  Metals
        8.2.1 Copper
        8.2.2 Aluminum
        8.2.3 Steel
            8.2.3.1 Carbon Steel
            8.2.3.2 Stainless steel
        8.2.4 Cast Iron
        8.2.5 Others
    8.3 Others
9. Pipes and Fittings Market – By Fitting shape
    9.1 Elbows
    9.2 Tees
    9.3 Caps
    9.4 Reducer
    9.5 Coupling
    9.6 Others
10. Pipes and Fittings Market – By Application
    10.1 Water Supply 
    10.2 Pumps and piping system
    10.3 Drainage and Sewage disposal
    10.4 Sanitation
    10.5 Transportation pipes
    10.6 Others
11. Pipes and Fittings Market - By Technology
    11.1 Pipes
        11.1.1 Compression Molding
        11.1.2 Injection Molding
        11.1.3 Thermoforming
        11.1.4 Extrusion
    11.2 Fittings
        11.2.1 Injection Molding
        11.2.2 Fabricated
        11.2.3 Thermoforming
        11.2.4 Electro fusion
12. Pipes and Fittings Market - By End user
    12.1 Residential 
    12.2 Industrial
        12.2.1 Oil and gas industry
        12.2.2 HVAC industry
        12.2.3 Power plants
    12.3 Agriculture
        12.3.1 Chemical industry
        12.3.2 Others
13. Pipes and Fittings Market - By Geography (Market Size -$Million)
    13.1 North America
        13.1.1 U.S.
        13.1.2 Canada
        13.1.3 Mexico
    13.2 South America
        13.2.1 Brazil
        13.2.2 Argentina
        13.2.3 Rest of South America
    13.3 Europe
        13.3.1 U.K.
        13.3.2 Germany
        13.3.3 France
        13.3.4 Italy
        13.3.5 Rest of Europe
    13.4 Asia-Pacific (APAC)
        13.4.1 China
        13.4.2 Japan
        13.4.3 India
        13.4.4 Rest of APAC
    13.5 Rest of World (Row)
        13.5.1 Middle East
        13.5.2 Africa
14. Pipes and Fittings Market - Market Entropy
    14.1 New Product Launches
    14.2 M&As, Collaborations, JVs and Partnerships
15. Pipes and Fittings Market - Industry/Segment Competition Landscape (Premium)  
    15.1 Market Share Analysis
        15.1.1 Market Share by Country — Top 5 Companies
        15.1.2 Market Share by Region — Top 5 Companies
        15.1.3 Market Share by Type of Application – Top 5 Companies
        15.1.4 Market Share by Type of Product/Product Category – Top 5 Companies
        15.1.5 Market Share at Global Level — Top 10 Companies
        15.1.6 Best Practices for Companies
16. Pipes and Fittings Market – Key Company List by Country Premium (Premium) 
17. Pipes and Fittings Market - Company Analysis
    17.1 Saint Gobain
    17.2 Jaquar group
    17.3 Aliaxis
    17.4 Kohler 
    17.5 Grohe
    17.6 Charlotte Pipe and Foundry
    17.7 Hindware
    17.8 Alumasc Building Products
    17.9 McAlpine and Co
    17.10 Mueller industries
    17.11 Mcwane
    17.12 Aluminum Roofline Products
18. Pipes and Fittings Market – Appendix
    18.1 Abbreviations
    18.2 Sources
19. Pipes and Fittings Market – Methodology
    19.1. Research Methodology
        19.1.1. Company Expert Interviews
        19.1.2. Industry Databases
        19.1.3. Associations
        19.1.4. Company News
        19.1.5. Company Annual Reports
        19.1.6. Application Trends
        19.1.7. New Products and Product Database
        19.1.8. Company Transcripts
        19.1.9. R&D Trends
        19.1.10. Key Opinion Leaders Interviews
        19.1.11. Supply and Demand Trends